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Lee Myung-Bak

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Uploaded on Apr 9, 2009

Lee Myung-Bak in a lecture presentation stating that he has established 'BBK' and he is the sole director/founder of the company, but the Korean prosecutors claimed that Lee is innocent as there are not enough evidence.
(Kim Kyung-Jun, known to be the co-owner under the control of Lee Myung-Bak was arrested for stock manipulation and corporate fund embezzlement while running BBK and Optional Ventures Korea six years ago. He and Lee co-founded LK e-Bank in February 2000. Kim claims LK e-Bank was the holding company of BBK and Lee took part in the stock manipulation as the actual owner of BBK. Kim was sentenced 15-years in jail and a fine of W30 billion (US$1=W976) in Korea. Meanwhile, the USA court judged that Kim was free from all kinds of prosecutions regarding BBK, meaning he is innocent)

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